Home » China pledges Full Support for Sri Lanka’s Debt Restructuring and Economic Stability

China pledges Full Support for Sri Lanka’s Debt Restructuring and Economic Stability

written by NHL Werasinghe Source

China, by expressing its readiness to support the ‘Malimawa’ government’s restructuring process of foreign debt, has effectively countered all the false propaganda carried out by the previous Ranil Wickremesinghe and Pohottu coalition government.
The Ambassador of the People’s Republic of China to Sri Lanka, Qi Zhenhong, visited President Anura Kumara Dissanayake yesterday (02) at the Presidential Secretariat. He extended his heartfelt congratulations to the President on his recent election victory and expressed China’s continued commitment to supporting Sri Lanka in its future endeavours.
Ambassador Qi reaffirmed the Chinese government’s continued commitment to enhancing bilateral relations with Sri Lanka, emphasizing the significance of ongoing collaborative projects. He highlighted the active engagement of the China Development Bank (CDB) and EXIM Bank in supporting Sri Lanka’s development initiatives. Moreover, Ambassador Qi assured that both institutions, as key commercial and bilateral creditors, will provide comprehensive assistance in the debt restructuring process, underscoring China’s dedication to supporting Sri Lanka’s economic stability and growth.

0 Comments

The post China pledges Full Support for Sri Lanka’s Debt Restructuring and Economic Stability appeared first on LankaTruth English.

What’s your Reaction?
0
0
0
0
0
0
0
written by NHL Werasinghe Source

Leave a Comment

Save my name, email, and website in this browser for the next time I comment.


To prove you're a person (not a spam script), type the security word shown in the picture.
You can enter the Tamil word or English word but not both
Anti-Spam Image